The Importance of Data on the Cannabis Industry
Cannabis is one of the most complicated, quickly changing and opaque industries in the country.
All of the headlines on this industry are on massive sales and growth in the industry but the real story is much more complicated.
Revenue most definitely does not equate to profit, particularly in this industry with restrictive regulations, inefficient supply chain requirements, limited ability to scale and 280E increasing tax burdens on cannabis businesses.
With increasing levels of competition investors and entrepreneurs must be highly strategic if they are going to be successful.
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